Pickard Square Retail Center | Mt. Pleasant, MI

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

Evan Lyons

248.702.0298
elyons@encorereis.com

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Offering Information

911-913 E. Pickard Rd
Mt. Pleasant, MI 48858

  • Price: $2,500,000
  • Cap. Rate: 7.98%
  • NOI: $199,084
  • Building Size: 30,500SF
  • Lot Size: 2.66 AC

Investment Highlights

  • 30,500 SF Retail Center on Approximately 2.66 Acres of Land
  • Well Maintained 1991 Construction
  • Property has an Excellent History of Occupancy
  • Offered at a Competitive Price Per Square Foot
  • Surrounding by Many National Tenants Including Meijer, Advance Auto Parts, Tim Hortons, McDonalds, Walgreens, and Many More
  • Positioned on the corner on City’s two major thoroughfares
  • Shadow Anchored by Meijer
  • Multiple points of Ingress/Egress
  • Mount Pleasant is Home to Central Michigan University (21,000+ Stu-dents)
  • National draw for Soaring Eagle Casino and Thirteen Premiere Golf Courses
  • Mount Pleasant Maintains one of State’s Lowest Unemployment Rates
  • Strong Occupancy with Only One Vacancy (Endcap)
  • New Ten-Year Harbor Freight Lease Executed